Fisqal® Module
Purchase Management
Complete procurement with vendor evaluation, automated PO processing, and real-time cost control.
Procurement Requirements
- ✓ Requisition management
- ✓ Multi-level approval workflows
- ✓ Budget validation
- ✓ Policy enforcement
Vendor Evaluation
- ✓ Vendor qualification and scorecards
- ✓ Contract management
- ✓ Supplier risk assessment
- ✓ Relationship tracking
Purchase Order Automation
- ✓ Automatic PO generation
- ✓ Electronic PO transmission
- ✓ Delivery tracking
- ✓ Returns and credit processing
Financial Processing
- ✓ Real-time cost tracking
- ✓ Three-way invoice matching
- ✓ Budget variance analysis
- ✓ Integrated financial reporting
Purchase Analytics
- ✓ Spend dashboards
- ✓ Vendor performance reports
- ✓ Cost trend analysis
- ✓ Procurement KPIs
Cost Control & Budgeting
- ✓ Cost allocation and tracking
- ✓ Spend limits and approvals
- ✓ Cost center management
- ✓ Variance reporting
Procurement process
1
Requisition→2
Vendor Selection→3
Purchase Order→4
Goods Receipt→5
Invoice Matching→6
Payment & AnalysisFrequently Asked Questions
Common Questions
Does Fisqal® support three-way invoice matching?
Yes. The purchase module matches purchase orders, goods receipts, and vendor invoices automatically. Discrepancies are flagged for review before payment processing.
Can I automate purchase approvals?
Yes. Multi-level approval workflows route purchase requisitions and orders based on amount, category, department, or any custom criteria. Approvers receive notifications and can approve from mobile.
